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Message: LSG is closing in on SGR's grade and cost
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The one thing that I have noticed in LSG's favor is their book value. Scotia fundamentals gives LSG a BV of $2.32 and SGR is given a BV of $.68. How this plays out in the share price is unclear to me, however it could be why they are moving ahead of us. Sgr shows better numbers in most fundamentals, however maybe in this envoirnment BV is more important.

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